Core Insights - Monteverde & Associates PC is investigating several mergers and acquisitions involving Gulf Island Fabrication, Movano Inc., NuVista Energy Ltd., and Orbit Technologies Ltd. to determine if the proposed deals are fair for shareholders [1]. Group 1: Gulf Island Fabrication, Inc. - Gulf Island shareholders are set to receive $12.00 in cash per share as part of its sale to IES Holdings, Inc. [1]. Group 2: Movano Inc. - Movano Inc. is merging with Corevex, Inc., where Corvex shareholders will own approximately 96% of the combined company post-transaction [1]. Group 3: NuVista Energy Ltd. - NuVista shareholders have options in their merger with Ovintiv Inc., including C$18.00 in cash per share, 0.344 of a share of Ovintiv common stock, or a combination of both, resulting in a fully prorated basis of C$9.00 in cash plus 0.172 of a share in common stock [1]. Group 4: Orbit Technologies Ltd. - Orbit shareholders will receive $13.725 per share in cash as part of its merger with Kratos Defense & Security Solutions, Inc. [1].
HAPPY THANKSGIVING AND INVESTOR ALERT: The M&A Class Action Firm Continues to Investigate the Merger - GIFI, MOVE, NUVSF and ORBI